From The Economic Times · PTI · · 50s
SAIL Q2 Results: Profit Surges Four-Fold
SAIL's net profit jumps four times to Rs 1,750.47 crore in Q2 FY27.
In brief
SAIL's net profit jumps four times to Rs 1,750.47 crore in Q2 FY27. SAIL reported a four-fold increase in net profit to Rs 1,750.47 crore for Q2 FY27 due to higher revenues. Originally reported by The Economic Times.
SAIL Q2 Results
SAIL reported a four-fold rise in consolidated net profit to Rs 1,750.47 crore in Q2 FY27.
Revenue Increase
Revenue from operations rose to Rs 31,997.55 crore in Q2 FY27 from Rs 26,704.17 crore the previous year.
Expense Growth
Total expenses increased to Rs 29,913.65 crore in Q2 FY27 from Rs 26,113.64 crore the previous year.
SAIL's Role
SAIL, India's largest public sector steel-making entity, has an annual capacity of over 20 million tonnes.
The bottom line
SAIL reported a four-fold increase in net profit to Rs 1,750.47 crore for Q2 FY27 due to higher revenues.
